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The Smartest Guys in the Room

The Amazing Rise and Scandalous Fall of Enron
Auteur Bethany Mclean
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The Smartest Guys in the Room
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The Smartest Guys in the Room
The Smartest Guys in the Room
Beetje gebruikt
7,45
10000350722
ISBN
9780141011455
Bindwijze
Paperback
Taal
Engels
Auteur
Bethany Mclean
Uitgeverij
Penguin Books Ltd
Jaar van uitgifte
2004
Aantal pagina's
480

Waar gaat het over?

The fall of Enron was much more than a business scandal. Not only did the events of October 2001 have a more damaging effect on the markets than 9/11 but, like Watergate, it was an event that sent shivers throughout the whole world. This is an in-depth investigation of the fall of Enron. What went wrong with American business at the end of the 20th century? Until the spring of 2001, Enron epitomized the triumph of the New Economy. Feared by rivals, worshipped by investors, Enron seemingly could do no wrong. Its profits rose every year; its stock price surged ever upward; its leaders were hailed as visionaries. Then a young Fortune writer, Bethany McLean, wrote an article posing a simple question - how, exactly, does Enron make its money? Within a year Enron was facing humiliation and bankruptcy, the largest in US history, which caused Americans to lose faith in a system that rewarded top insiders with millions of dollars, while small investors lost everything. It was revealed that Enron was a company whose business was an illusion, an illusion that Wall Street was willing to accept even though they knew what the real truth was. This book - fully updated for the paperback - tells the extraordinary story of Enron's fall.
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